The Casement Fund Ltd is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $173K in total assets. In 2024, it awarded 7 grants totaling $98K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$173K
-8.9% YoY
Annual Giving
$98K
+30.6% YoY
Grant Count
7
-22.2% YoY
Avg Grant Size
$14K
+68.0% YoY
Under IRS private-foundation payout rules, The Casement Fund Ltd reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.
About The Casement Fund Ltd
Based on IRS filings
The Casement Fund Ltd is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $173K in total assets. In 2024, it awarded 7 grants totaling $98K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $172,574 | $189,396 | $178,107 |
| Revenue | $161,408 | $155,471 | $150,843 |
| Expenses | $175,383 | $151,172 | $147,355 |
| Qualifying Distributions | $140,903 | $75,020 | $71,728 |
| Net Investment Income | — | — | — |
| Distributable Amount | $17,410 | $11,747 | $11,380 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
40 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Drew University ($34,500), The Classical Theater of Harlem ($30,000), Harlem Children's Zone ($24,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DREW UNIVERSITY MADISON, NJ | EDUCATION | $34,500 |
| EXPERIMENTS IN OPERA BROOKLYN, NY | EDUCATION | $4,500 |
| ORATORIO SOCIETY OF NEW YORK NEW YORK, NY | EDUCATION | $1,500 |
| THE CLASSICAL THEATER OF HARLEM NEW YORK, NY | EDUCATION | $30,000 |
| YALE ALUMNI NONPROFIT ALLIANCE HAMDEN, CT | EDUCATION | $1,000 |
| HARLEM CHILDREN'S ZONE NEW YORK, NY | EDUCATION | $24,000 |
| SPARKS & WIRY CRIES BROOKLYN, NY | EDUCATION | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS L DOREMUS | EXECUTIVE DIRECTOR | 40 | $60,000 |
| RAE BOYADJIS | TREASURER | — | — |
| ANTHONY E BOYADJIS | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Casement Fund Ltd?
The Casement Fund Ltd is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $173K in total assets as of 2024.
How large is The Casement Fund Ltd?
As of 2024, The Casement Fund Ltd holds $173K in total assets with $161K in annual revenue. It awarded 7 grants totaling $98K in 2024.
Where does The Casement Fund Ltd operate?
The Casement Fund Ltd has awarded grants in Connecticut, New Jersey, New York.
What size grants does The Casement Fund Ltd award?
In 2024, The Casement Fund Ltd awarded 7 grants totaling $98K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is The Casement Fund Ltd required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Casement Fund Ltd reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Casement Fund Ltd's EIN?
The Casement Fund Ltd's EIN (Employer Identification Number) is 26-3884634. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Casement Fund Ltd's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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